{"id":2130,"date":"2022-10-17T15:35:25","date_gmt":"2022-10-17T15:35:25","guid":{"rendered":"https:\/\/business.mulembenation.co.ke\/terms\/net-income\/"},"modified":"2022-10-17T15:35:25","modified_gmt":"2022-10-17T15:35:25","slug":"net-income","status":"publish","type":"glossary","link":"https:\/\/mulembenation.co.ke\/business\/terms\/net-income\/","title":{"rendered":"Net Income"},"content":{"rendered":"<p>To get <span class=\"\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Net Income<\/span>, you less Expenses from you Income. The formula is Income Statement <span class=\"\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Revenue<\/span> &#x2013; Expenses = Net Income. This calculation tells you how much revenue you have and what you have spent your money on. It answers &#x201C;Are you profitable?&#x201D; It is similar to your personal budget.<\/p>\n<h2>Disclaimer<\/h2>\n<p>Kindly note that this is not financial advice.Our website services, content and products are for general informational and educational purposes only and is not a substitute for professional advice. We remind our readers to be careful with their money.You should NOT rely upon the information or opinions you read. Preferably, you should <span class=\"\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>use<\/span> what you read here as starting points for doing independent research on companies, products and investing techniques. Then judge for yourself the worthiness of the material that has been shared in our website.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To get Net Income, you less Expenses from you Income. The formula is Income Statement Revenue &#x2013; Expenses = Net Income. This calculation tells you how much revenue you have and what you have spent your money on. It answers &#x201C;Are you profitable?&#x201D; It is similar to your personal budget. Disclaimer Kindly note that this &#x2026; <a title=\"Net Income\" class=\"read-more\" href=\"https:\/\/mulembenation.co.ke\/business\/terms\/net-income\/\" aria-label=\"Read more about Net Income\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2130","glossary","type-glossary","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Net Income | Mulembe Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mulembenation.co.ke\/business\/terms\/net-income\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net Income | Mulembe Business\" \/>\n<meta property=\"og:description\" content=\"To get Net Income, you less Expenses from you Income. The formula is Income Statement Revenue &#x2013; Expenses = Net Income. This calculation tells you how much revenue you have and what you have spent your money on. It answers &#x201C;Are you profitable?&#x201D; It is similar to your personal budget. Disclaimer Kindly note that this ... 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The formula is Income Statement Revenue &#x2013; Expenses = Net Income. This calculation tells you how much revenue you have and what you have spent your money on. It answers &#x201C;Are you profitable?&#x201D; It is similar to your personal budget. Disclaimer Kindly note that this ... 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